Fact sheet: LV= Threadneedle Glo Eq IncPn

Fund information
Fund name
LV= Threadneedle Global Equity Income Pn 2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Stephen Thornbersince 27/06/2007
Underlying fund
Threadneedle Gbl Eq Inc
Fund objective
The investment objective of the Global Equity Income Fund is to achieve a high and growing income over the long term combined with prospects for capital growth.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
24%
1 Year rank in sector
688/1001
Sector
PN Global Equities
Yield
-
Fund size
£2m (£1m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
104
Bid price
177.7
Offer price
187
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn47%
Baillie Gifford Lng Tm Gbl Gth Pn43.1%
Zurich BailGfrd LgTrmGblGth42.8%
Stan Life BGiff LgTmGlGtOEICPn41.7%
FL Baillie Giff LT Gbl Gth Pn39.4%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA41.8%
    UK15.9%
    Germany6.9%
    Australia6.1%
    Others4.9%
  • Financials14.7%
    Consumer Discretionary14.2%
    Consumer Staples12.6%
    Information Technology10.8%
    Health Care9.8%
  • US Equities41.8%
    UK Equities15.9%
    German Equities6.9%
    Australian Equities6.1%
    International Equities4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%2.3%3.3%24%43.9%-
Sector0.3%3.8%5.7%25.2%43.3%82.2%
Rank within sector1009 / 1051932 / 1050886 / 1030688 / 1001433 / 865-
Quartile4th4th4th3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.1%26.3%8.2%1.6%21%
Sector4.5%22.4%3.7%7.8%21.4%
Rank within sector825 / 1035314 / 957112 / 915792 / 846549 / 818
Quartile4th2nd1st4th3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
1.5
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.92
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.92
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.76
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
5.7
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.07
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.72
Price movement
52 week high183.4
52 week low137.2
Current bid price177.7
Current offer price187
Current mid price-
Region
1USA41.8%
2UK15.9%
3Germany6.9%
4Australia6.1%
5Others4.9%
6Switzerland4.7%
7Taiwan3.5%
8Japan3.1%
9Canada3%
Industry sector
1Financials14.7%
2Consumer Discretionary14.2%
3Consumer Staples12.6%
4Information Technology10.8%
5Health Care9.8%
6Materials9.5%
7Energy8.7%
8Industrials5.9%
9Telecommunications Utilities5.3%
Asset type
1US Equities41.8%
2UK Equities15.9%
3German Equities6.9%
4Australian Equities6.1%
5International Equities4.9%
6Swiss Equities4.7%
7Taiwanese Equities3.5%
8Japanese Equities3.1%
9Canadian Equities3%
Individual holdings
1CISCO SYSTEMS INC2.4%
2PFIZER INC2.4%
3DEUTSCHE TELEKOM AG2.3%
4UNILEVER NV2.3%
5REYNOLDS AMERICAN INC2.1%
6WELLS FARGO & CO2%
7GENERAL MOTORS CO1.9%
8NOVARTIS AG1.9%
9TAIWAN SEMICONDUCTOR MANUFACTURING1.9%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The investment objective of the Global Equity Income Fund is to achieve a high and growing income over the long term combined with prospects for capital growth.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Stephen Thornber27/06/2007Stephen Thornber has led the Threadneedle Global Equity Income strategy since its inception in 2007. He also heads the energy sector research team. Before joining the Global Equities team in 2003, Stephen was a UK equity portfolio manager and spent five years managing the Threadneedle UK Monthly Income Fund. Stephen joined Threadneedle Asset Management Limited at the company’s inception in 1994. Before this he worked for Eagle Star Investments¹ and for the Kuwait Investment Office.Stephen has a BA in Business and Finance from Plymouth Polytechnic.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Threadneedle Global Equity Income Pn 2
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.9%
Bid price177.7
Offer price187
Mid price-
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGR4T
Data provided by

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